|
J
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isDec 26, 2001
<br />- - - ---- - - - - --
<br />an the parties, their addresses and tax identification numbers, if required, are as follows:
<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />1.
<br />TRUSTOR:TERRELL M HEMMER and RITA M HEMMER, husband and wife,
<br />1902 E ELDORADO ST
<br />GRAND ISLAND, NE 68801
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />First Federal Lincoln Bank
<br />P.O. Box 83009 1235 'N' Street
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />First Federal Lincoln Bank
<br />1235 'N' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOTS TWENTY -FOUR (24), TWENTY -FIVE (25), TWENTY -SIX (26) AND TWENTY -SEVEN (27), IN
<br />FRANK P BARK'S SUBDIVISION NO. 2 BEING PART OF THE EAST HALF OF THE NORTHEAST
<br />QUARTER (E1 /2NE1 /4) IN SECTION 10, TOWNSHIP 11 NORTH, RANGE 9, WEST OF THE 6TH
<br />P.M., HALL COUNTY, NEBRASKA.
<br />The property is located in Hall at 1902 E ELDORADO ST
<br />------------------------------------------------------------------------------
<br />--------------------------------------
<br />(County)
<br />---------------------------------------- ------------------- - - - - -- ' GRAND ISLAND
<br />- - -- - -- - -- - -- - -- - - -- - -- -- -- - -- - -- -Nebraska 68801
<br />----------------------------
<br />(Address) (City) (ZIP Code)
<br />Together with' all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time
<br />shall not exceed $ $44,_900.0. 0 --------------------------------- This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 12/26/2001
<br />M
<br />CD
<br />CAD
<br />O.
<br />y
<br />CO2
<br />e�
<br />CD
<br />CD
<br />•
<br />O
<br />C
<br />m
<br />a
<br />o
<br />cn cn
<br />CD
<br />n
<br />r
<br />y
<br />F-'
<br />O --i
<br />D
<br />N
<br />v
<br />2
<br />t__ 1
<br />Q,
<br />` -D
<br />— + r
<br />c�
<br />Pt
<br />Cam'^
<br />n
<br />O
<br />C:)
<br />co
<br />M
<br />::3
<br />r z
<br />W
<br />r n
<br />N
<br />n
<br />Q7
<br />C`
<br />c n
<br />...
<br />co
<br />cn
<br />ca
<br />cn
<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />1.
<br />TRUSTOR:TERRELL M HEMMER and RITA M HEMMER, husband and wife,
<br />1902 E ELDORADO ST
<br />GRAND ISLAND, NE 68801
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />First Federal Lincoln Bank
<br />P.O. Box 83009 1235 'N' Street
<br />Lincoln, NE 68501
<br />BENEFICIARY:
<br />First Federal Lincoln Bank
<br />1235 'N' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />LOTS TWENTY -FOUR (24), TWENTY -FIVE (25), TWENTY -SIX (26) AND TWENTY -SEVEN (27), IN
<br />FRANK P BARK'S SUBDIVISION NO. 2 BEING PART OF THE EAST HALF OF THE NORTHEAST
<br />QUARTER (E1 /2NE1 /4) IN SECTION 10, TOWNSHIP 11 NORTH, RANGE 9, WEST OF THE 6TH
<br />P.M., HALL COUNTY, NEBRASKA.
<br />The property is located in Hall at 1902 E ELDORADO ST
<br />------------------------------------------------------------------------------
<br />--------------------------------------
<br />(County)
<br />---------------------------------------- ------------------- - - - - -- ' GRAND ISLAND
<br />- - -- - -- - -- - -- - -- - - -- - -- -- -- - -- - -- -Nebraska 68801
<br />----------------------------
<br />(Address) (City) (ZIP Code)
<br />Together with' all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time
<br />shall not exceed $ $44,_900.0. 0 --------------------------------- This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 12/26/2001
<br />M
<br />CD
<br />CAD
<br />O.
<br />y
<br />CO2
<br />e�
<br />CD
<br />CD
<br />•
<br />O
<br />
|